DA Davidson Predicts Reduced Earnings for First Foundation

First Foundation Inc. (NASDAQ:FFWM - Free Report) - Analysts at DA Davidson dropped their Q2 2025 earnings per share estimates for First Foundation in a report released on Friday, June 27th. DA Davidson analyst G. Tenner now anticipates that the bank will post earnings per share of $0.00 for the quarter, down from their prior estimate of $0.01. The consensus estimate for First Foundation's current full-year earnings is $0.28 per share. DA Davidson also issued estimates for First Foundation's FY2025 earnings at $0.14 EPS.

A number of other equities research analysts have also recently issued reports on the stock. Wall Street Zen cut shares of First Foundation from a "hold" rating to a "sell" rating in a research note on Wednesday, May 14th. Jefferies Financial Group set a $7.00 price target on shares of First Foundation and gave the company a "buy" rating in a research report on Wednesday, May 21st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $6.80.

First Foundation Price Performance

Shares of FFWM stock traded up $0.08 during trading on Monday, hitting $5.61. The company had a trading volume of 875,397 shares, compared to its average volume of 659,999. The firm has a market capitalization of $462.19 million, a P/E ratio of -4.19 and a beta of 0.99. First Foundation has a one year low of $4.42 and a one year high of $8.52. The stock's 50-day moving average price is $5.21 and its 200 day moving average price is $5.34. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.87 and a current ratio of 1.04.

Institutional Investors Weigh In On First Foundation

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FFWM. Millstone Evans Group LLC bought a new stake in First Foundation in the 4th quarter worth $30,000. Cloud Capital Management LLC purchased a new stake in shares of First Foundation during the first quarter worth about $25,000. GAMMA Investing LLC grew its stake in shares of First Foundation by 90.0% in the first quarter. GAMMA Investing LLC now owns 5,039 shares of the bank's stock worth $26,000 after purchasing an additional 2,387 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of First Foundation by 665.3% in the 4th quarter. Farther Finance Advisors LLC now owns 5,089 shares of the bank's stock worth $32,000 after buying an additional 4,424 shares during the last quarter. Finally, State of Wyoming purchased a new position in First Foundation during the 4th quarter valued at $48,000. 73.10% of the stock is currently owned by institutional investors.

First Foundation Company Profile

First Foundation Inc, through its subsidiaries, provides banking services, investment advisory, wealth management, and trust services to individuals, businesses, and other organizations in the United States. The company operates in two segments, Banking and Wealth Management. It offers a range of deposit products, including personal and business checking accounts, savings accounts, interest-bearing demand deposit accounts, money market accounts, and time certificate of deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, commercial term loans, and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits.